Yes, though this has been a problem long before Figma or AI. Photoshop enabled pretty pictures of what a website / app / service might look like, and then these often became set in stone.
One solution is to keep all mockups / prototypes strictly grey scale using bare bones vectors until every stakeholder has weighed in / signed off.
Oh yeah designers definitely did it with photoshop too but it took a lot more effort than sketching a wireframe.
"Signing off" doesn't exist because even after the thing is in a MVP stage the stakeholders will still want to change it